LION ELECTRIC ANNOUNCES FIRST QUARTER 2024 RESULTS [Yahoo! Finance]
The Lion Electric Company Common Shares (LEV)
Company Research
Source: Yahoo! Finance
medium and heavy-duty urban vehicles, today announced its financial and operating results for the first quarter of fiscal year 2024, which ended on March 31, 2024. Lion reports its results in US dollars and in accordance with International Financial Reporting Standards ("IFRS"). Q1 2024 FINANCIAL HIGHLIGHTS Revenue of $55.5 million , up $0.8 million , as compared to $54.7 million in Q1 2023. Delivery of 196 vehicles, a decrease of 24 vehicles, as compared to the 220 delivered in Q1 2023. Gross loss, reflecting higher manufacturing costs due to the introduction of new products, of $11.1 million as compared to a gross loss of $2.3 million in Q1 2023. Net loss of $21.7 million , as compared to net loss of $15.6 million in Q1 2023. Adjusted EBITDA of negative $17.3 million , as compared to negative $14.5 million in Q1 2023. Additions to property, plant and equipment of $0.4 million , down $22.7 million , as compared to $23.1 million in Q1 2023. Additions to intangible asse
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News
- ROSEN, A TRUSTED AND LEADING LAW FIRM, Encourages Northern Genesis Acquisition Corp. n/k/a The Lion Electric Company Investors to Secure Counsel Before Important Deadline in Securities Class Action – NGAGlobeNewswire
- LION ELECTRIC ANNOUNCES RESULTS OF ANNUAL SHAREHOLDERS MEETINGPR Newswire
- ROSEN, A LEADING LAW FIRM, Encourages Northern Genesis Acquisition Corp. n/k/a The Lion Electric Company Investors With Losses in Excess of $100K to Secure Counsel Before Important Deadline in Securities Class Action - NGAPR Newswire
- The Lion Electric Company (NYSE: LEV) had its price target lowered by analysts at DA Davidson from $3.50 to $1.50. They now have a "buy" rating on the stock.MarketBeat
- ROSEN, NATIONAL TRIAL COUNSEL, Encourages Northern Genesis Acquisition Corp. n/k/a The Lion Electric Company Investors to Secure Counsel Before Important Deadline in Securities Class Action – NGAGlobeNewswire
LEV
Sec Filings
- 5/16/24 - Form 6-K
- 5/8/24 - Form 6-K
- 4/18/24 - Form 6-K
- LEV's page on the SEC website